Stories about: Identrus LLC

Stockholm financial services group Nordea AB has entered into agreements with IBM Corp. and Microsoft Corp. to offer straightforward Internet-based payment systems for e-commerce sites, it said Tuesday.

As IBM gears up for its SecureWorld security conference in Washington next Monday, Big Blue lent a major helping hand to secure business-to-business this week with the introduction of a new security testing lab and products to help support Identrus.

Public-Key Infrastructures (PKI) that create the ability to maintain privacy, authenticate users, protect the integrity of data and execute transactions without the risk of repudiation have long held the promise that they could make online transactions safer. But corporations need to have a clear understanding of what they want to do with the technology and be prepared to face up to thorny integration, interoperability and legal issues if they are to see any of that promise fulfilled, users and analysts say.

Microsoft Corp. is working to make several of its core products more easily integrated with New York-based Identrus LLC's secure global network for financial services firms.

When VeriSign Inc. disclosed last week that it had issued two digital certificates to an individual who fraudulently claimed to be a Microsoft Corp. employee, the incident highlighted for corporate users how simple human error can undo technology-based security schemes.

A group of four major banks based in Europe and the U.S. Tuesday said they're going live with a system that's designed for use in processing large electronic payments between different companies.

A lack of common standards among competing public-key infrastructure technologies and validation processes could slow corporate deployment of digital signature networks, users and analysts warned.

Sun Microsystems Inc. today announced the acquisition of a privately held London company that specializes in public key infrastructure (PKI) technology.